BTC Digital .(US:BTCT) Prnewswire·2025-07-15 13:00Group 1 - BTC Digital Ltd. has entered into definitive agreements for a registered direct offering with institutional investors, raising approximately $6.0 million by selling 2,000,000 Ordinary Shares at a price of $3.00 per share [1][2] - The gross proceeds from the offering are expected to be around $6.0 million before deducting fees and expenses, with the transaction anticipated to close on or about July 16, 2025 [2] - The net proceeds from the offering will be used, along with existing cash, for the purchase of Ethereum [2] Group 2 - Aegis Capital Corp. is acting as the exclusive placement agent for the offering, with various law firms providing legal counsel to the company and the placement agent [3] - The offering is made under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission (SEC) [4] Group 3 - BTC Digital Ltd. is a blockchain technology company focused on creating value in the metaverse, blockchain, and cryptocurrency mining industry, with plans to develop blockchain-related businesses in North America [7]